LTIMindtree shares fall 2% after Q3 net profit reports 7.14% YoY decline 

LTIMindtree, the IT solutions provider, saw its shares dip by 2% after reporting a 7.14% year-on-year (YoY) decline in consolidated net profit to ₹1,085.4 crore for the December quarter of FY25. This is a drop from ₹1,168.9 crore in the same period last year.

Despite the decline in profit, revenue from operations increased by 7.14% YoY to ₹9,660.9 crore in Q3 FY25, compared to ₹9,016.6 crore in the year-ago quarter. Sequentially, revenue grew 2.41%, while net profit fell 13.23%.

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CEO and MD Debashis Chatterjee highlighted the company’s highest-ever order inflow of USD 1.68 billion, attributing it to its differentiated AI strategy and ongoing investments in artificial intelligence, new partnerships, and specializations.

Key highlights from Q3 FY25:

  • Active client count stood at 742.
  • The company added 2,362 employees, bringing its total headcount to 86,800.

LTIMindtree continues to focus on strengthening its growth trajectory while navigating challenges in the IT services sector.